Heniff Transportation and Superior Bulk Logistics to merge
Story by: Todd Maiden @ freightwaves.com The planned merger of Heniff Transportation and Superior Bulk logistics could create the largest tank carrier in the U.S. Private equity firm Olympus Partners announced that it has acquired liquid and dry bulk carrier Superior Bulk Logistics (SBL) with the intention of combining that company with one […]
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Trump to sign off on 2020 transportation spending bill
Story by: John Gallagher, Washington Correspondent @ FreightWaves.com President Donald Trump is expected to avoid a replay of last year by signing off on a $1.4 trillion fiscal year 2020 spending package that averts a government shutdown had Congress failed to meet a Dec. 20 deadline. The massive funding measure — approved by the […]
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Carriers who didn’t change AOBRD for ELD risk hefty fines and being placed out of service
Story by: Ashley Coker, Editor @ FreightWaves.com Carriers who didn’t change AOBRD for ELD risk hefty fines and being placed out of service Many carriers delayed the transition to electronic logging devices (ELDs) under the automatic onboard logging device (AOBRD) grandfather clause. That clause expired earlier this week, and those carriers must now be […]
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Trucking company owner received 18-month sentence for tax fraud
Story by: Clarissa Hawes @ FreightWaves.com This isn’t the first time trucking company owner Gerstenberg has pleaded guilty to tax crimes. And he’s secured a new job at a New Jersey-based trucking company. A Pennsylvania trucking company owner was sentenced to 18 months in prison for orchestrating an elaborate $750,000 tax fraud scheme, […]
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Drug & Alcohol Clearinghouse: What drivers need to know
Story by: John Gallagher, Washington Correspondent @ Freightwaves.com One of the biggest regulatory changes to affect the ability of a driver to get a job with a trucking company — or keep their job if they’re an owner-operator — will start in January 2020 with the implementation of the federal Drug & Alcohol Clearinghouse. […]
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Almost 3,500 pounds of marijuana found in U-Haul truck during traffic stop
AMARILLO – “The Texas Department of Public Safety (DPS) seized 3,350 pounds of marijuana Thursday, December 5, after a Texas Highway Patrol Trooper stopped a vehicle in Carson County. At approximately 5:51 p.m., a DPS Trooper stopped a 2016 Ford U-Haul truck traveling east on I-40 near Conway, for a traffic violation. The Trooper then […]
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UPS driver arrested for allegedly selling drugs using company truck
A UPS truck driver in El Paso, Texas, is accused of dealing drugs out of his delivery truck during work hours, according to the El Paso Times. Armando Barron, 39, was arrested after an investigation discovered he was delivering illegal drugs while using his UPS work truck, El Paso County Sheriff’s Office officials said. Acting on […]
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Lower truck capacity, higher freight rates in 2020 according to Morgan Stanley predictions
Story by: Todd Maiden @ FreightWaves.com Transportation equity analyst Ravi Shanker outlines capacity-curbing catalysts in 2020 that could send freight rates to 2018 levels In a report to clients, financial services firm Morgan Stanley (NYSE: MS) examines potential reasons truck supply could be constrained in 2020, causing trucking rates to climb. The firm’s transportation, […]
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Frustrated employees of now bankrupt Celadon’s Mexico carrier continue standoff
Story by: Noi Mahoney @ http://FreigtWaves.com Employees of Mexican carrier Jaguar Transportation — a subsidiary of bankrupt Celadon Group — continue to protest unpaid wages by blocking the company’s Nuevo Laredo, Mexico, terminal in order to delay the removal of trucks, according to reports. “In Nuevo Laredo, hundreds — of personnel who worked at […]
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